Which of the following is called as an important agro-based industry ?
Steel
Cement
Sugar
Jute
Privatization refers to
The sale of privately owned businesses to the government sector
The sale of public companies to the private sector
The sale of corporately owned businesses to individuals
All the above
In the domestic economy major reforms were undertaken in the _______ sector.
Industrial Sector
Service Sector
Tertiary Sector
Service sector
The WTO was born out of negotiations in which round of the GATT?
Geneva Round
Torquay Round
Tokyo Round
Uruguay Round
Which of the following is not an aspect of privatization?
Dis- investment of public sector units
Handing over management of public sector units to private firms
Opening up of sectors, which are hitherto reserved for public sector to private sector
De licensing of private industrial units
The process of industrialization is the essential pre- requisite for
Generating employment
Inducing investment
Achieving economic development
Increasing per capita income
The foreign investment includes
Foreign direct investment
Financial investment
Domestic investment
Indirect investment
A nation’s real strength is reflected in its
Agriculture
Export
Import
Industrial development
With regard to the WTO subsidies are covered in two seperate international economic law agreements which are they?
The reform treaty and Treaty of Rome
The North American free trade agreement
GATT and the Agreement on subsidies
Free Trade Agreements
(A) Globalization has created new opportunities of employment and emerging multinationals
(B) A ready measure of the extent of globalization of the good market of India is provided by the share of imports and exports in overall output
Select the correct answer using the following codes:
Only A is true
Both A and B are true
A is true but B is false
A is false but B is true
